The following interview is an excerpt from an upcoming Insider Intelligence research report series.
This report series will feature interviews with heads of digital and marketing at major US legacy and neobanks, uncovering strategies, challenges, and opportunities this year.
Upstart digital-only banks, known as neobanks , are on a growth tear.
Newly released Insider Intelligence forecasts show that by the end of next year, 1 in 10 US adults will have a neobank account.
One of the fastest-growing neobanks today is New York-based Current, founded in 2015. Our forecasts show that Current will have 4.0 million users at the end of 2021, which will more than double to 8.4 million in 2025.
AlleyWatch
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